Address
Al Rai Area,
Sheikh Zayed bin Sultan Al Nahyan Road,
The Avenues – 2nd Avenue,
Entrance 9
Our Governance Approach
Our Governance Approach
Leadership and Management
The Board of Directors is responsible for overseeing operation and for setting the “tone from the top” to guide Mabanee to follow its ambitions. Each Board member is selected by the General Assembly (GA) for a three-year term, which includes 7 members with diverse expertise. The Board composition reflects a mix of genders and professional backgrounds to ensure diversity and inclusive decision making.
Business Conduct
We follow robust frameworks to identify and manage ethical risks, thoroughly investigate any reported incidents, and implement corrective actions as needed. Every case is assessed, recorded, and presented to management along with the data gathered and any suggested courses of action.
ESG Governance
ESG leaders are crucial in steering organizations toward sustainable and responsible business practices; they are responsible for establishing environmental and social objectives, formulating relevant policies, and ensuring their effective implementation. These leaders advocate transparency, accountability, and the equilibrium between shareholder interests and the broader needs of stakeholders.
ESG Committee
The ESG Committee is responsible for tracking the progress of our emissions reduction efforts and setting up robust ESG governance and risk frameworks in addition to providing regular updates to the Board of Directors through the Board Audit and Risk Committee.
Management of ESG Risks
We continuously implement training programs that focus specifically on ESG-related risks and procedures. These sessions help enhance the understanding of risk frameworks while reinforcing our commitment to environmental integrity and ethical compliance.ESG Risk Management is also included in our financial governance framework as ESG considerations are fully incorporated into financial decision-making by using sustainable finance principles.More information on page 106 in the Sustainability Report.
